Georgia landed another Kia supplier on Tuesday.
Sejong Georgia LLC will invest $27.8 million in a LaGrange facility and bring 250 jobs to the area.
The manufacturer will supply muffler and exhaust systems to the Kia Motors plant under construction in West Point.
"With a great supplier like Sejong on board, Georgia is continuing to build on the success of landing Kia," Gov. Sonny Perdue said in a statement.
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The Wulsan, Korea-based company secured a 23-acre site in the LaGrange Industrial Park on Lukken Industrial Drive West. The city has purchased the former Federal Mogul facility, which closed in 2004, and will lease the space to Sejong. The renovations on the 108,000-square-foot building, funded in part by state grants, will begin in July 2008 in order to begin production in October 2009.
Based on the investment and job creation, the city is offering the company a 7-year tax phase-in. The incentives package also includes a reduced rent on the building for the first 60 months and the option to buy the site after that time.
City officials and Sejong Georgia President H.S. Kim signed a memorandum of understanding regarding the site Tuesday.
"Having visited Sejong's facilities in Korea and Alabama, I am certain that they will be an excellent community partner," said Diethard Lindner, chairman of the Development Authority of LaGrange.
This will be Sejong's second U.S. plant. The company operates a plant in Fort Deposit, Ala., to supply the Hyundai Motors plant in Montgomery.
Several announcements about Kia suppliers coming to the area have been made in recent months. Last month Dongwon Autopart Technology of Korea announced it will build a metal-stamping plant in Meriwether County, adding 300 jobs. Hyundai Mobis announced in August plans to build a plant in West Point. Pretty Products, DaeLim USA and Sumika Polymer Compounds America Inc., also made announcements.